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Verizon plans to join video streaming world

Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.

Published: 02/07/12 12:05 am
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Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.

Verizon and Coinstar Inc., Redbox’s Bellevue-based parent company, said Monday that the service will be national and available to non-Verizon customers as well.

Unlike competing services from Amazon.com Inc. and Walmart Stores Inc., the new service will combine Internet delivery of movies with DVDs, the way Netflix does. Specific details and pricing of the new plan weren’t announced.

Similar stories:

  • Bellevue-based Coinstar’s earnings soar as Redbox thrives

  • Holiday iPhone sales boost Verizon revenue

  • Movie rentals will have to wait

  • Area becomes launch market cor Comcast, Verizon sales deal

  • AT&T relents on ‘unlimited data’ plan limits with new rules

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